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Performance measurement in companies has traditionally been based on feedback on the budget, expressed in financial terms. There is now much discussion about alternative methods of performance measurement to ensure that a company achieves its overall goals.
Required:
Problem 1. Comment on the effectiveness of the use of return on investment (ROI) and residual income (RI) as performance indicators, showing under what circumstances a company may use these.
Problem 2. Discuss why it is preferable to distinguish between managerial and economic performance.
Mr. Sivakumar is a sales and marketing manager, How should Mr. Sivakumar put up the note to the management to justify his recommendation?
Assume that the Company is not operating at full capacity and there is no contribution margin that can be lost, determine the minimum price acceptable.
Identify and describe or explain the problem that the managers of the organization in question are encountering. What has happened to make the managers realize that the problem has arisen - Managerial Accounting (AF 211)
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Provide three areas that you should consider when assessing relevant and irrelevant cash flows for alternative long-term investments.
Guzman Company received a 60-day, 5% note for $54,000 dated July 12 from a customer on account. Journalize the entry to record the receipt of the payment
Controller if the plant is built and told Ramos she "sure hoped the analysis would be favorable." The question is the action is ethical or unethical and why?
What amount of total assets reported on the December 31 balance sheet for the current year would be? All transactions were cash transactions.
Current assets for two different companies at calendar year end 2013 are listed here. One is a manufacturer, Salomon Skis Mfg., and the other, Sun Fresh Foods, is a grocery distribution company.
Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process for the Mixing Department in June.
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